Fed Digs Deeper to Lower Unemployment

In another bold move, the Federal Reserve will spend $85 billion a month to buy bonds and keep interest rates near zero until the US jobless rate falls below 6.5 percent, according to a statement following the Fed's final meeting of the year.

http://archive.hometownlife.com/VideoNetwork/2033572786001/Fed-Digs-Deeper-to-Lower-Unemploymenthttp://cdn.newslook.com/25/257bf4e44f1da36165bcf15e12671676/mp4_low/257bf4e44f1da36165bcf15e12671676-mp4_low.mp4http://archive.hometownlife.com/VideoNetwork/2033572786001/Fed-Digs-Deeper-to-Lower-Unemploymenthttp://cdn.newslook.com/25/257bf4e44f1da36165bcf15e12671676/images/frame_0005.jpgFed Digs Deeper to Lower UnemploymentIn another bold move, the Federal Reserve will spend $85 billion a month to buy bonds and keep interest rates near zero until the US jobless rate falls below 6.5 percent, according to a statement following the Fed's final meeting of the year.Federal Reserveben bernankeFinancenewslookUnited States of Americaus02:23